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Retail sales almost flat in 2016 (2)

Only large retailers posted gains, small shops down 1.8%

Redazione Ansa

(ANSA) - Rome, February 23 - Retail sales were practically flat in 2016, increasing just 0.1% in value terms with respect to 2015, ISTAT said on Thursday. Sales were down 0.3% in volume terms, the national statistics agency said. Only large retailers posted gains, with sales in value terms up 1.2% for those with six to 49 employers, and up 0.9% for those with over 50. Sales for small retailers were down 1.8%. Retail sales were down 0.5% in values terms in December compared to November and dropped 0.7% in volume terms, ISTAT said. The national statistics agency added that sales were down 0.2% in value terms with respect to December 2015 and were 0.6% lower in volume terms.
   

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